Ukrhydroenergo's net profit in 2022 amounted to 12 billion UAH

The joint-stock company Ukrhydroenergo reported a net profit of 11.78 billion UAH for the year 2022. Out of this, the company will channel 2.2 billion UAH towards dividend payments.

This is evidenced by Government Order No. 375-r of April 28, made public on the government portal.

Based on the financial and economic activity of the company for the year 2022, the following distribution of the net profit is approved:

• 2,161,856,461 UAH – for dividend payments;
• 3,603,094,101 UAH – for financing the restoration of destroyed and damaged property as a result of missile strikes by the russian federation;
• 6,019,159,917 UAH – for production development.

Background. Ukrhydroenergo suffered losses of 40 billion UAH due to missile attacks. In total, there were more than 30 hits on hydroelectric facilities.